BP MARSH (BPM) – Financials
| Price: 675p +1.8% | P/E: 3.7x |
| Market Cap: £243m | Yield: 1.9% |
AIM-listed specialist insurance investor BP Marsh has announced a special dividend following the sale of its holding in Stewart Specialty Risk Underwriting.
Shareholders will receive a special payout of £8 million or 22.23p per share on 26 March 2026, with the stock going ex-dividend on 5 March.
In addition to the special dividend, the firm says it intends to pay an annual ordinary dividend of at least £5 million for the financial years to 31 January 2027 and 2028.
Our View
After a strong 2024, BPM shares have gone nowhere this year, despite a string of realisations, so today’s news should be well-received.
Having dealt with Dan Topping and the team at BPM previously, we can say they are smart cookies and well adept at finding value in the insurance space.
Read the press release here:
